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| Bank/Savings Account | APY** |
Minimum Balance Required |
Check Writing |
Notes
|
Your Questions and Thoughts
|
|
|
2.25% |
$1,500 |
Yes |
This is a 3 month introductory bonus rate on the first $50,000 deposited. Everbank's current money market rate is 1.26%. If you were to deposit an amount less than $50,000 and hold it at Everbank for a full year, your effective 1-year APY rate would be 1.51%. | Post/read reviews of this bank |
Southern Community Bank Ready Saver
|
2.00% |
$1 |
No |
Post/read reviews of this bank | |
Franklin Synergy Bank
|
1.75% |
$25,000 |
No |
Post/read reviews of this bank | |
EBSB Direct
|
1.67% |
$5,000 |
No |
Post/read reviews of this bank | |
The Palladian Private Bank
|
1.55% |
$10,000 |
No |
Post/read reviews of this bank | |
Clear Sky Accounts
|
1.50% |
$1 |
No |
Clear Sky Accounts is a division of Chesapeake Bank. | Post/read reviews of this bank |
Bank of Internet High Yield Savings
|
1.50% |
$100 |
No |
Post/read reviews of this bank | |
NewDominion Direct
|
1.50% |
$1,500 |
No |
Post/read reviews of this bank | |
First Trade Union Bank
|
1.50% |
$2,500 |
No |
Post/read reviews of this bank | |
Acacia Federal Savings Bank
|
1.50% |
$125,000 |
No |
Rate is 1.25% on balances over $75,000. | Post/read reviews of this bank |
ADB Bank Direct Wealth Money Market
|
1.40% |
$1 |
No |
Post/read reviews of this bank | |
|
|
1.35% |
$1 |
No |
Post/read reviews of this bank | |
Savings Square
|
1.35% |
$1 |
No |
Accounts with Savings Square are deposited with Kirkpatrick Bank. | Post/read reviews of this bank |
Colorado Federal Savings Bank
|
1.35% |
$2,500 |
Yes |
Post/read reviews of this bank | |
AIG Bank
|
1.35% |
$100,000 |
No |
Post/read reviews of this bank | |
Nationwide Bank
|
1.35% |
$1,000 |
Yes |
Post/read reviews of this bank | |
|
|
1.30% |
$1 |
No |
Post/read reviews of this bank | |
Dollar Savings Direct
|
1.30% |
$1,000 |
No |
Owned by Emigrant Bank, and therefore deposits between accounts at this bank and Emigrant Direct fall under a single FDIC insurance policy. | Post/read reviews of this bank |
Discover Bank
|
1.30% |
$500 |
Yes |
Post/read reviews of this bank | |
Capital One Costco
|
1.30% |
$5,000 |
No |
Rate for Costco customers only. | Post/read reviews of this bank |
Ally Bank
|
1.29% |
$1 |
No |
Post/read reviews of this bank | |
|
|
1.25% |
$1 |
No |
Post/read reviews of this bank | |
|
|
1.25% |
$1 |
No |
Linked to UPromise Rewards. | Post/read reviews of this bank |
ING DIRECT Electric Orange Checking
|
1.25% |
$100,000 |
Yes |
Rate is 1.20% on balances between $50,000 and $100,000, and 0.25% on balances under $50,000. ING Direct's Orange Savings account offers 1.15% with a $1 minimum. | Post/read reviews of this bank |
BankProvidentOnline
|
1.25% |
$1 |
No |
Post/read reviews of this bank | |
One West Bank Not yet rated. |
1.25% |
$25,000 |
No |
Formerly IndyMac Bank. | Post/read reviews of this bank |
ShoreBank Direct No stars |
1.24% |
$100,000 |
No |
Post/read reviews of this bank | |
IGoBanking.com
|
1.21% |
$1 |
No |
iGObanking.com is a division of Flushing Savings Bank, FSB. | Post/read reviews of this bank |
|
|
1.16% |
$10,000 |
No |
Post/read reviews of this bank | |
HSBC Advance
|
1.10% |
$1 |
No |
Post/read reviews of this bank |
The chart above lists some of the best savings and money market rates for New York. The chart does not include small local or regional New York banks that do not serve the entire state. If you know of a top savings or top money market rate that should be on the chart, but isn't, email us. It also does not include Federal Credit Union (FCU) rates and a list of the most competitive FCU savings rates is found here.
Bauer
Soundness Ratings. Bauer Financial periodically assesses the
health of the nation's banks and credit unions using data reported to
the government. An explanation of their
star system can be read here.
* For a complete definition of Annual Percentage Yield (APY), please see the Financial Terminology section.
